247 Cove Terrace Dr
Panama City, FL 32401
6 bd 6 ba 6,662 sqft Built 2013 Lot 24,394 sqft single_family
Most recent sale
$2,250,000
Jun 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 14, 2022 | Sold | $2,250,000 | MLS #719193 |
| Nov 18, 2021 | Listed | $2,495,000 | MLS #886027 |
| Nov 17, 2021 | Listed | $2,495,000 | MLS #719193 |
| Jul 16, 2021 | Price changed | $2,495,000 | MLS #867434 |
| Mar 23, 2021 | Listed | $2,600,000 | MLS #709416 |
| Jul 28, 2010 | Sold | $710,000 | Public Record |
| Jun 22, 2010 | Listing removed | $895,000 | CPARMLS |
| Jun 15, 2010 | Price changed | $895,000 | MLS #403283 |
| Feb 10, 2010 | Listed | $945,000 | MLS #403283 |
| Feb 1, 1997 | Sold | $73,500 | Public Record |
| May 1, 1994 | Sold | $189,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $1,957,301 | $30,399 |
| 2023 | $1,567,572 | $279,165 | $1,846,737 | $31,254 |
| 2022 | — | — | $1,143,351 | $21,789 |
| 2021 | $800,205 | $239,205 | $1,039,410 | $17,400 |
| 2020 | $730,446 | $238,095 | $968,541 | $15,900 |
| 2019 | $736,957 | $238,095 | $975,052 | $15,100 |
| 2018 | $889,358 | $238,095 | $1,127,453 | $16,467 |
| 2017 | $893,748 | $229,770 | $1,123,518 | $16,246 |
| 2016 | $898,139 | $222,000 | $1,120,139 | $16,573 |
| 2015 | $902,529 | $222,000 | $1,124,529 | $17,116 |
| 2014 | — | — | $1,170,927 | $17,697 |
| 2013 | — | — | $338,286 | $4,342 |
| 2012 | — | — | $344,835 | $4,468 |
| 2011 | — | — | $591,532 | $8,179 |
| 2010 | — | — | $393,016 | $5,352 |
| 2009 | — | — | $382,684 | $5,287 |
| 2008 | — | — | $382,302 | $4,974 |
| 2007 | — | — | $368,671 | $4,887 |
Property facts
Year built
2013
Property type
single_family
Stories
2
Beds
6
Baths
6
Living area
6,662 sqft
Lot size
24,394 sqft
ZIP code
32401
City
Panama City
Street
Cove Terrace Dr
Coordinates
30.14196, -85.63624
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$12,325
Gross rental yield
6.57%
Implied cap rate
4.27%
Trend-extrapolated value
—
Frequently asked questions
When did 247 Cove Terrace Dr last sell?
247 Cove Terrace Dr most recently sold on Jun 14, 2022 for $2,250,000.
What is the current tax assessment for 247 Cove Terrace Dr?
The most recent total assessment for 247 Cove Terrace Dr (year 2025) is $1,957,301 with $30,399 in property tax.
How does 247 Cove Terrace Dr's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $2,250,000.
When was 247 Cove Terrace Dr built?
247 Cove Terrace Dr was built in 2013.
How does 247 Cove Terrace Dr compare to others on Cove Terrace Dr?
We track 8 other properties on Cove Terrace Dr. Browse the list under "Other properties on Cove Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 247 Cove Terrace Dr?
247 Cove Terrace Dr is a 6 bed, 6 bath, 6,662 sqft, 24,394 sqft lot single_family.
Is 247 Cove Terrace Dr a flip candidate?
No — 247 Cove Terrace Dr does not appear in our flips dataset.
Is 247 Cove Terrace Dr a tax-appeal candidate?
No — 247 Cove Terrace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$285.2K
2026 Q4
$288.6K
ZIP 32401 — Median Price History + Forecast
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Geography
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